Geregu, Buafood, Transcorp Lodge and MRS Oil high the record of shares to observe within the new week as traders hope to maneuver on from the loss incurred throughout buying and selling final week.
The equities suffered a four-day shedding streak incurring a lack of N1.42trn within the week as market capitalization dropped to N55.74trn from N57.16trn.
Amid the bearish buying and selling, there have been nonetheless sturdy performances from shares like GEREGU, BUAFOOD, TRANSCORPHOTEL, and MRS Oil.
Kindly notice that Ripples Nigeria Shares to observe will not be a purchase, promote or maintain advice. It’s advisable to seek the advice of your monetary advisor earlier than making any funding determination.
GEREGU • 675.90 ▴ 61.00 (9.92%)
The present share value of Geregu Energy Plc (GEREGU) is NGN 675.90. GEREGU closed its final buying and selling day (Friday, February 9, 2024) at 675.90 NGN per share on the Nigerian Inventory Trade (NGX), recording a 9.9% achieve over its earlier closing value of 614.90 NGN. Geregu Energy started the yr with a share value of 399.00 NGN and has since gained 69.4% on that value valuation, rating it eleventh on the NGX when it comes to year-to-date efficiency.
Geregu Energy is the seventieth most traded inventory on the Nigerian Inventory Trade over the previous three months (Nov 10, 2023 – Feb 9, 2024). GEREGU has traded a complete quantity of 90 million shares—in 4,507 offers—valued at NGN 36.5 billion over the interval, with a median of 1.43 million traded shares per session. A quantity excessive of 20 million was achieved on December twenty ninth, and a low of 1,462 on December thirteenth, for a similar interval.
BUAFOODS • 295.90 ▪ 0.00
The present share value of BUA Meals (BUAFOODS) is NGN 295.90. BUAFOODS closed its final buying and selling day (Friday, February 9, 2024) at 295.90 NGN per share on the Nigerian Inventory Trade (NGX). BUA Meals started the yr with a share value of 193.40 NGN and has since gained 53% on that value valuation, rating it sixteenth on the NGX when it comes to year-to-date efficiency. Shareholders might be optimistic about BUAFOODS figuring out the inventory has accrued 30% over the previous four-week interval alone—tenth finest on NGX.
READ ALSO:Dangote, Bua Cements, Bua meals, Geregu high record of shares to observe this week
BUA Meals is the 102nd most traded inventory on the Nigerian Inventory Trade over the previous three months (Nov 10, 2023 – Feb 9, 2024). BUAFOODS has traded a complete quantity of 11.8 million shares—in 3,585 offers—valued at NGN 2.38 billion over the interval, with a median of 186,887 traded shares per session. A quantity excessive of two.96 million was achieved on January fifth, and a low of 1,201 on November twenty fourth, for a similar interval.
TRANSCOHOT • 97.90 ▴ 0.50 (0.51%)
The present share value of Transcorp Inns Plc (TRANSCOHOT) is NGN 97.90. TRANSCOHOT closed its final buying and selling day (Friday, February 9, 2024) at 97.90 NGN per share on the Nigerian Inventory Trade (NGX), recording a 0.5% achieve over its earlier closing value of 97.40 NGN. Transcorp Inns started the yr with a share value of 70.18 NGN and has since gained 39.5% on that value valuation, rating it twentieth on the NGX when it comes to year-to-date efficiency.
Transcorp Inns is the 104th most traded inventory on the Nigerian Inventory Trade over the previous three months (Nov 10, 2023 – Feb 9, 2024). TRANSCOHOT has traded a complete quantity of 10.1 million shares—in 3,080 offers—valued at NGN 704 million over the interval, with a median of 160,387 traded shares per session. A quantity excessive of 1.31 million was achieved on January fifth, and a low of 561 on December 4th, for a similar interval.
MRS • 135.00 ▴ 9.00 (7.14%)
The present share value of MRS Oil Nigeria (MRS) is NGN 135.00. MRS closed its final buying and selling day (Friday, February 9, 2024) at 135.00 NGN per share on the Nigerian Inventory Trade (NGX), recording a 7.1% achieve over its earlier closing value of 126.00 NGN. MRS Oil started the yr with a share value of 105.00 NGN and has since gained 28.6% on that value valuation, rating it thirtieth on the NGX when it comes to year-to-date efficiency. Shareholders might be optimistic about MRS figuring out the inventory has accrued 17% over the previous four-week interval—nineteenth finest on NGX.
MRS Oil Nigeria is the 112th most traded inventory on the Nigerian Inventory Trade over the previous three months (Nov 10, 2023 – Feb 9, 2024). MRS has traded a complete quantity of three.67 million shares—in 1,295 offers—valued at NGN 396 million over the interval, with a median of 58,238 traded shares per session. A quantity excessive of 446,936 was achieved on January 18th, and a low of three on November seventeenth, for a similar interval.
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